FUEL and the not so truths from admin

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powerboatr
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FUEL and the not so truths from admin

#1

Post by powerboatr »

i got lost this morning on the the OPEC talk again. but we are being played again by the admin and big oil.

before nov 2020....we, as in the USA were the #1 oil producer in the world and #1 leading processor of imported oil into other petroleum products, (gas, diesel, DFM, etc) and according to https://www.eia.gov/todayinenergy/detail.php?id=49896
"Motor gasoline exports from the United States reached record highs in May, June, and July for each of these months, according to our Petroleum Supply Monthly (PSM). Summer exports in May, June, and July reflect a departure from the historical seasonality of gasoline exports because gasoline export levels are usually low during the summer.

In May, exports of motor gasoline (the combinationn of exports of finished motor gasoline and motor gasoline blending components) averaged 941,000 barrels per day (b/d), or 276,000 b/d (41%) more than the five-year (2016–2020) average for May. June exports averaged 935,000 b/d, exceeding its five-year average by 230,000 b/d (33%). In July, gasoline exports again averaged 935,000 b/d, exceeding the five-year average for July by 181,000 b/d (24%).

Gasoline exports from the United States are typically highest in the winter and early spring, when domestic gasoline demand is lower and refinery operations continue at the summer and fall pace to meet seasonally higher distillate demand. For that reason, refineries produce more gasoline during the winter and early spring than U.S. consumption, and the extra production contributes to rebuilding seasonal inventories and to sending exports."

so why are we freaking out if opec is not ramping up production as much. and why do we need to tap the strategic reserve? texas, ok, new mexico and La are still producing high rates of crude, although its down considerably from a year ago.

leases did not get cancelled, so why is production lagging here at home? its all bout money i bet

more to follow
https://www.eia.gov/todayinenergy/detail.php?id=49596 we are still exporting more crude than is coming in
"Our Petroleum Supply Monthly trade data show that the United States exported more crude oil and petroleum products than it imported during the first half of 2021 by 120,000 barrels per day (b/d), or less than 1% of combined crude oil and petroleum product exports and imports.

The United States was a net importer of crude oil and petroleum products (imported more than it exported) in the first of half of each year until the first half of 2020, when the United States became a net exporter (exported more than it imported) by 432,000 b/d of crude oil and petroleum products. This year marks only the second time the United States has been a net total petroleum exporter in the first half of the year. The United States has been a net exporter of petroleum products alone since 2011.

The United States exports more refined petroleum products than it does crude oil. Petroleum product exports averaged 5.5 million b/d in the first half of 2021, up from 5.3 million b/d in the first half of last year. Exports of petroleum products include motor gasoline, distillate, and propane exports. Both imports and exports of select petroleum products mainly consumed as transportation fuels—distillate fuel oil, motor gasoline, and jet fuel—altogether decreased in 2020 compared with 2019. "

some body is LYING about crude and how much fuel we have...its all bull muffins in respect to domestic supply being so low we have to pay 40 cents
"Propane exports increased in response to more demand for propane in Asia and less demand for propane in the United States. Propane now surpasses distillate fuel oil as the most prevalent U.S. petroleum product export by volume. In the first half of 2021, both imports and exports of petroleum products increased above their levels in the first halves of 2020 and 2019. more today than we did a few months ago."


natural gas ...oh boy sit down,
"Dry natural gas production from shale formations in the Appalachian Basin that spans Pennsylvania, West Virginia, and Ohio has been growing since 2008, and monthly production has recently set new record highs. Production in the region reached 32.5 billion cubic feet per day (Bcf/d) in December 2020, and it averaged 31.9 Bcf/d during the first half of 2021, the highest average for a six-month period since production began in 2008. The Appalachian Basin contains two shale formations, Marcellus and Utica, which accounted for 34% of all U.S. dry natural gas production in the first half of 2021. On its own, the Appalachian Basin would have been the third-largest natural gas producer in the world the first half of 2021, behind Russia and the rest of the United State"
Proud to have served for over 22 Years in the U.S. Navy Certificated FAA A&P technician since 1996
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